From now until 2030, it is observed that apartments have the largest amount of loan maturities in comparison to other property types. Within apartments alone, Northern Virginia will see $25.77 billion mature within the same timeframe. While there is a sizable number of office loans maturing, 45% of those types of loans will mature by the end of 2024. Retail also has a sizable amount of loans maturing, particularly in 2024 and 2028. A majority of the loans in this segment will be used to help build or revitalize larger-scale shopping centers.
February 9, 2024